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The average retail price of U.S. diesel dipped 2.7 cents to $2.647 a gallon, breaking a string of six small weekly increases that began in mid-July, the U.S. Department of Energy reported.

Navistar International Corp. reported a $12 million loss in its fiscal third quarter, but top executive Daniel Ustian said he expects modest improvement in truck orders this quarter and next year, fueled by major fleets’ purchases.

Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal second quarter.

Penske Truck Leasing said that it will join truck manufacturer Freightliner in a two-month North American tour of seminars about selective catalytic reduction technology.

Eighty-two maintenance technicians will compete for national industry honors, while fleet managers grapple with clean-vehicle technology options and universal equipment warranties at SuperTech and the fall meeting of the Technology & Maintenance Council.

Domestic intermodal continues to be a relatively strong performer and an attractive alternative for motor carriers today in weak freight markets, said an industry official and two analysts.

U.S diesel prices continued their summer-long climb last week, inching up 0.6 cent to $2.674 a gallon, according to the Department of Energy retail fuel survey.